Morocco-OECD: Ms. Fettah draws up a “positive” assessment of the strategic partnership

by times news cr

Speaking at a high-level panel organized on the occasion of the closing of the 2nd phase of the Morocco-OECD Country Programme, Ms. Fettah indicated that this partnership has enabled a critical and comparative assessment of the Kingdom’s performance.

She also stressed Morocco’s commitment to pursuing ambitious reforms and strengthening its international cooperation with the OECD.

Regarding the ongoing economic and social reforms, the minister insisted on the establishment of a regular economic evaluation framework that allows Morocco to measure itself against the same standards as other OECD members, noting that budgetary reforms and public investments are crucial to support economic growth and employment.

For his part, the President of the Economic, Social and Environmental Council (CESE), Ahmed Reda Chami, highlighted the need to conduct an in-depth national debate to identify the stereotypes and cultural barriers that hinder women’s activity in contributing to economic growth.

In addition, Mr. Chami said he was in favor of developing proven mechanisms, particularly in terms of vocational training, and improving Morocco’s competitiveness in order to create a favorable and inclusive economic environment.

For her part, the Director of the OECD Centre for Entrepreneurship, SMEs, Regions and Cities, Lamia Kamal-Chaoui, highlighted the importance of employment and productivity as essential levers of economic growth.

And to support: “It is important to have a coherent and integrated approach to regional and sectoral policies, in order to maximize the effectiveness of public investment.”

The Director General of the Caisse de Dépôt et de Gestion (CDG), Khalid Safir, recalled the role of the CDG in supporting sectoral and territorial public policies, and as a key player in supporting the planning and implementation of infrastructure projects.

On the digital transformation aspect, Mr. Safir underlined the Caisse’s commitment to supporting Morocco’s digitalization policies, particularly through the financing of startups and the development of digital infrastructures such as information highways.

For his part, the head of division of the OECD’s economic department, Sebastian Barnes, highlighted the cross-sectional nature of the OECD’s economic study on Morocco, which combines a macroeconomic analysis with an assessment of ongoing structural reforms.

“The study not only serves to assess progress, but also to communicate internationally the positive dynamics of Moroccan reforms,” ​​he said.

Conducted by the Morocco Economic Desk at the OECD since February 20, 2023, this study analyzes Morocco’s economic performance in the face of global and internal challenges, while providing growth prospects and strategic recommendations.

2024-09-12 08:43:25

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